@jeffryang24, The possibility is, however, weakness of the continuous bearish trend has already shown, breaking r4 confirms formation shoulder shoulder inverted shoulder, until the moment they are giving all the conditions that confirm a change of tendency, in a few words, to continue so we have a good marathon at least until 12k

@RodrigoGarreton, Yeah.. It must above 12k, if not it is still bearish... I also concern that the volume is not heavy enough to carry the btc price above 9000... I suspect this is also a bull trap or it may become a new foundation to 12k.